Problem $2$

Possible misstatements that may occur during the cash receipts process result from cash receipts being received, but not recorded $($which could facilitate embezzlement$).$ A control technique that is used to mitigate the risk of such misstatements is to segregate the duties of the accounts receivable department, general ledger accounting records, and cash receipts. The employee who completed each duty is required to sign his$/$her initials, and evidence of this has been provided for you in the Accounts Receivable file. In each transaction, proper segregation of duties is accomplished when no two duties have been completed by the same person.

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a$.$ Use IDEA and the information from Roger Company Accounts Receivable file to determine the number of transactions in which segregation of duties was not properly implemented. Hint: $($GL$\_$Accounting $=$ Cash$\_$Receipts$\_$Clerk $.$OR$.$ Cash$\_$Receipts$\_$Clerk $=$ AR$\_$Clerk$.$OR$.$ GL$\_$Accounting $=$ AR$\_$Clerk$)$

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ANSWER THIS PORTION OF THE PROBLEM IN CONNECT $$ QUESTION $5$

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b$.$ What do you notice about the individuals and customers involved in the transactions identified in $$a$$ above?

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Answer: